Mr Cooper Group Inc (COOP)

[remmy]

Hey ilenes, thanks a million for the tweets! Felt like I was in there with you...

Were you personally surprised the judge denied the EC the right to more documents? While I shouldn't be surprised in that judges don't like fishing expeditions, she seemed really open to the EC subpoenaing docs from the hedge funds earlier as discovery. Did something change in your opinion or am I misreading that?

Also, do you feel the EC might have enough docs in its stash to prove probable cause enough to move forward against the hedge funds or not at this point? Obviously, this is a gut thing on your part. Perhaps you noticed if the hedge funds seemed confident and the EC worried at the ruling today or not, etc.